Friday, April 28, 2017

chart monitor: ALCO/ARTHALAND CORPORATION (28 APR 2017)


ALCO chart as of 27 APR 2017
(click on the chart to enlarge)

remarks:

1. ALCO closed higher to 1.42 ... up 2.90% ...

2. resistance: 1.48 ...

3. the macd histogram is still above the 0 - horizontal ... but it is falling ...

4. short term trend followers planning to enter ALCO will have to wait first ... until the histogram is already rising as well as the price is rising ...

5. for my previous ALCO posting click here:  chart monitor: ALCO/ARTHALAND CORPORATION (24 APR 2017)

* these notes are good only for the next trading day ... and NOT for the subsequent trading days 
* these notes are mine alone ... and are for sharing with short-term trend followers

for more philippine stock market views and information please check:

FINANCE MANILA



STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!


p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose.